monday work management Enhances Enterprise Offering with Full Release of Ready-to-Use, Standardized Portfolio Management Solution

Business Wire 31-Jul-2024 8:00 AM

New capabilities empower customers to manage strategic initiatives at scale and make informed decisions confidently across teams and departments, streamlining operations and enhancing productivity.

monday.com Ltd. (NASDAQ:MNDY) ("monday.com"), the multi-product platform that runs all core aspects of work, today announced the full release of its Portfolio management solution, a new enterprise offering within the monday work management product.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731364056/en/

monday work management Portfolio Snapshot view (Graphic: Business Wire)

Developed for enterprise customers, this ready-to-go solution provides portfolio managers and executives with a holistic view of all relevant projects. Its user-friendly interface allows them to gain visual clarity without sifting through a myriad of complex reports.

With Portfolio, customers can navigate between high-level portfolios and low-level projects. The capability also seamlessly integrates with their entire workflow, connecting to a project request monday board for work intake. Once a project is approved, and with monday.com's automation features, it will seamlessly populate into a template based on the project's requirements. Templates can then be governed by monday.com's new standardization capability, which is currently in beta.

"We constantly strive to provide our customers with the best solutions for their business needs, and this latest release of Portfolio demonstrates that commitment," says Daniel Lereya, Chief Product and Technology Officer at monday.com. "We are democratizing project portfolio management methods by making them easy to master, which is a major differentiator to others in the market. With our Portfolio management solution, our enterprise customers will now have a strong connection between everyday work and high-level insights, providing a top-down view that drives efficiency and effectiveness."

monday.com's Portfolio management solution redefines managers' workflows with key benefits, including:

• Zero setup, instant connection: The solution is ready-to-go and does not require a complicated setup process. The instant connection feature ensures customers can start managing projects immediately, boosting productivity from the moment of implementation.
• Streamlined workflows: Customers can integrate their workflows by adding automations, customizing project intake, and utilizing templates to standardize processes.
• Peak Personalization: The solution is designed to be flexible and customizable, allowing managers to tailor it to their specific needs. With the ability to add fields, connect dashboards, and more, it offers a truly personalized experience.

"monday.com's Portfolio management solution allows us to understand what the decisions we make today mean for tomorrow," says Chris Funk, Senior Director of Product Innovation at Zippo Manufacturing.

The release of monday.com's Portfolio management solution is a significant step in the company's multi-product vision. It empowers enterprise customers to connect their day-to-day workflows with more extensive strategies and scale projects to achieve company goals.

Learn more about the new Portfolio management solution and its capabilities here.

About monday.com:

The monday.com Work OS is a low code- no code platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. monday.com has offices in Tel Aviv, New York, Denver, Chicago, London, Warsaw, Sydney, Melbourne, São Paulo, and Tokyo. Fully customizable to suit any business vertical, the platform is currently used by over 225,000 customers across more than 200 industries and in over 200 countries and territories.

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